ADP Rolls Out Weekly US Payrolls After Halting Data to Fed (3)

ADP Research will now be releasing US payroll data on a weekly basis, in addition to its monthly report, to provide high-frequency insights into the labor market.

The figures, which are a four-week moving average of the latest total private employment change, will be released on Tuesdays at 8:15 a.m. New York time. ADP estimates payrolls increased 14,250 on average in the four weeks ended Oct. 11, according to a statement Tuesday.

Up until recently, ADP provided a version of weekly payrolls to the Federal Reserve, which policymakers used to gain insight into the private-sector job market. But the payroll ...